Miami Beach, Florida 33139 USA

$425,000  Condo / Town Home MLS® F10428263

About this Property

INVESTMENT...LOCATION... Great investment opportunity with a legal AirBnB permit in South Point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ CAP rate, combined with low monthly fees. Location is unbeatable; right in the coveted South Point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 239).

Features

Community

  • Community Laundry Facilities
  • Community In-door Swimming Pool

Heat/Cool

  • Central Air Conditioning

Inclusions

  • Electric Range and Oven
  • Cooktop Range
  • Disposal
  • Dishwasher
  • Refrigerator

Interior

  • Pantry

Scenery

  • Ocean View

Property Tour

Property Location

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Disclaimer

The REALTOR® Association of Greater FT Lauderdale is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright REALTOR® Association of Greater FT Lauderdale, MLS All rights reserved. This property is courtesy of E PRO Realty.